You'll need $97,067/yr to live in Toorak Gardens.
The 30%-rule benchmark for a single person, based on quarterly government bond data.
Location
Adelaide, SA
Rent trend
Quarterly median rent
Can you afford it on your salary?
Pick your bracket to see weekly leftover, budget breakdown and cheaper alternatives in Toorak Gardens
Closest to the $97,067/yr the 30% rule needs is highlighted.
Rent details
Suburb affordability ledger
ABS Census 2021 (income WPI-indexed to 2026) · rent vs household income
Household income is the 2021 Census median indexed forward to 2026 by ABS wage growth; rent-to-income and stress compare current rent to that estimate.
Nearby suburbs
About renting in Toorak Gardens
Toorak Gardens's median weekly rent is $560 a week, a little under the middle of the 526 Adelaide suburbs NestLedger tracks, with 176 tracked suburbs coming in cheaper. It is not a bargain pocket, but renters get in below the local median.
Rents have been broadly steady over the past year (-1.3%). Bond-lodgement medians go from $570 in 2024-Q2 to $560 in 2026-Q1. Stability makes budgeting easier, though it says nothing about how the suburb compares on price.
Using the 30% affordability benchmark, a single renter needs about $97,067 a year to take on Toorak Gardens's median weekly rent without overextending (based on the $560/wk all-dwellings median, single household). On the local median household income, Toorak Gardens stays under the 30% line: the typical household here is not in rental stress.
If Toorak Gardens stretches the budget, the nearest cheaper options NestLedger tracks are Dulwich ($540/wk), Glenside ($495/wk), close enough to keep the same commute patterns while cutting the weekly rent.
Is Toorak Gardens expensive to rent in?
Toorak Gardens's median weekly rent is $560/wk, below the middle of the 526 Adelaide suburbs NestLedger tracks (176 tracked suburbs are cheaper).
What salary do I need to rent in Toorak Gardens?
About $97,067 a year for a single renter under the 30% rule: annual income = (weekly rent × 52) ÷ 0.3, using based on the $560/wk all-dwellings median, single household.
Is rent in Toorak Gardens going up?
Over the past year the median weekly rent moved -1.3%, from $570 in 2024-Q2 to $560 in 2026-Q1.
What are cheaper suburbs near Toorak Gardens?
Dulwich at $540/wk, Glenside at $495/wk, the closest tracked suburbs with a lower single-basis rent.
How is the salary needed calculated?
The salary needed uses the 30% rule: annual income required = (weekly rent x 52) / 0.3. This is a widely used affordability benchmark: spending more than 30% of gross income on rent is considered "rental stress".
Where does the rent data come from?
Rent data comes from government bond lodgement records: NSW DCJ, QLD RTA, VIC DFFH, SA Consumer and Business Services via SA Housing Authority, and Tasmania Department of Justice rental bond data. This covers actual bonds lodged, making it one of the most reliable rent data sources in Australia.